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Chinese company announces discovery of new oil, gas field in Bohai Sea.

BBC Monitoring International Reports

| March 20, 2007 | COPYRIGHT 2001 BBC Monitoring. (Hide copyright information)Copyright

(From BBC Monitoring International Reports)

Text of report in English by official Chinese news agency Xinhua (New China News Agency)

["CNOOC Discovers New Oil And Gas Field in Bohai Sea" - Xinhua headline]

Beijing, March 20 (Xinhua) - China National Offshore Oil Corp. Ltd. (CNOOC), the country's largest offshore oil producer, announced that it discovered a new oil and gas field, dubbed Bozhong 28-2 East, in Bohai Sea.

Bozhong 28-2 East is located …

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